10 Total Quotes

Severin Borenstein Quotes

The answer is pretty simple. We will never get to energy independence while we are using oil as the major fuel.
Severin Borenstein
#Energy

That's definitely bad news for the California gasoline market. We're going to have to wait and see how bad.
Severin Borenstein
#News

It looked like money down a rat hole. I can certainly see why they'd be cautious now. Just because you're making an extra $35 a barrel doesn't mean you should be pouring that into exploration.
Severin Borenstein
#Money

Unfortunately, sometimes you see big wealth transfers occur when something becomes scarce.
Severin Borenstein
#Wealth

I think that's a big issue that a bankruptcy court is going to have to confront. What's the ongoing responsibility of the company and what's the legal liability in the contracts.
Severin Borenstein
#Responsibility

They continued to build and complete plants after it was clear the market was down.
Severin Borenstein
#Plants

Clean coal does exist, but it's no more cost-effective than solar power. A 22% increase in funding is just not a Manhattan Project-type effort that we need.
Severin Borenstein
#Power

We should be putting that money into research and development to improve the technology.
Severin Borenstein
#Money

They make their money the same way you make money when you sell your house.
Severin Borenstein
#Money

The oil companies may be raising it a few cents, but that's not where the action is.
Severin Borenstein
#Action